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Japan court to deliver verdict on Olympus executives
A Japanese court on Wednesday is due to deliver a verdict in the case of three disgraced Olympus executives accused of engineering a massive accounting fraud at the camera and medical equipment maker.
03 July 2013
Murdoch splits empire into two firms
Rupert Murdoch split his corporate empire into two parts under a long-promised plan to "unlock value" by separating high-flying entertainment operations from struggling publishing activities.
29 June 2013
Apple slumps below $400 after analyst comments
Apple shares fell briefly below $400 Monday after an analyst said the iconic gadget maker is to slash production of its iPhones.
25 June 2013
'Phishing' scams explode worldwide: researchers
Those insidious email scams known as phishing, in which a hacker uses a disguised address to get an Internet user to install malware, rose 87 percent worldwide in the past year.
23 June 2013
Hershey pays $4 mn fine for chocolate price-fixing
US candy maker Hershey on Friday pleaded guilty to participating in a chocolate price-fixing scheme and paid a CAN$4 million (US$4.2 million) fine.
22 June 2013
Deloitte fined $10 mn in US laundering case
Big accountancy Deloitte was fined $10 million by New York state on Tuesday for its actions in advising Standard Chartered Bank over money laundering.
19 June 2013
Corruption probe moves closer to IMF chief as aide charged
Stephane Richard, the head of telecoms company Orange and a former aide to IMF chief Christine Lagarde, was charged in a corruption probe related to Lagarde's time as France's finance minister.
13 June 2013
Facebook shareholders vent ire over sagging stock
Facebook shareholders on Tuesday grilled leaders of the social network regarding how they planned to revive the company's stock and protect user privacy from snoops including US spy agencies.
13 June 2013
Consumers in crisis-hit Spain put brakes on spending
Spaniards are buying fewer cars, fewer clothes and even cutting back on smoking as a grinding recession and rising unemployment force them to slash spending, dealing a severe blow to manufacturers and shops.
11 June 2013
Canada accuses Nestle, Mars of chocolate price-fixing
Canadian authorities charged Nestle, Mars and a network of independent wholesale distributors on Thursday over an alleged criminal conspiracy to fix the prices of leading chocolate bars.
07 June 2013
US panel backs Samsung, bans older Apple devices
Samsung won a round in its long-running patent battle with Apple on Tuesday when a US trade panel banned the import and sale of some older models of the iPhone and iPad.
05 June 2013
Boeing starts building longer 787 model
Boeing announced Sunday it has started building its 787-9, a longer version of its 787 Dreamliner, looking to leave the jet's problems behind.
03 June 2013
India's Infosys recalls founder as woes mount
Infosys on Saturday reappointed co-founder N.R. Narayana Murthy to lead the Indian outsourcing giant two years after he retired, as the company grapples with weak earnings and falling market share.
03 June 2013
Iraq to restore ancient arch to woo back tourists
Iraqi authorities have contracted a Czech firm to carry out a 10-month restoration of the ancient Arch of Ctesiphon as part of a plan to boost tourism to the once-popular site.
31 May 2013
All governments hack secret data: Huawei
Using the Internet to spy and steal sensitive data is standard practice by all countries, according to the security chief of controversial Chinese telecoms giant Huawei.
29 May 2013
Yahoo! vows not to ruin Tumblr after $1.1 bn takeover
Marissa Mayer has made her boldest move to date as chief of Yahoo! with the billion-dollar purchase of Tumblr, a popular blogging platform she vowed not to ruin after protests from youthful users.
21 May 2013
Yahoo! looks to Tumblr as elixir for revival
Yahoo! geared up for a major announcement Monday said to be a $1.1 billion deal to take over popular blogging platform Tumblr, a move that could bring a younger, hipper audience to the struggling Internet pioneer.
20 May 2013
Toyota becomes Asia's biggest firm by market value
Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.
16 May 2013
BHP to scale back capital spending by a fifth
Global mining giant BHP Billiton has outlined plans to slash capital spending by almost a fifth, with new chief executive Andrew Mackenzie warning the brakes could be applied even further.
15 May 2013
Icahn revamps Dell offer, calls buyout 'giveaway'
A battle for US computer giant Dell heated up Friday as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway."
11 May 2013